I guess they are not this sophisticated, otherwise you would not be asking your question.

Owners with MFH in areas you'd actually want to invest in are usually more sophisticated and the same tactic looks mickey mouse to them. 

There are legal ways to use Delaware and Wyoming LLCs in other States (there are benefits to using these types of LLCs as they are some of the most business friendly States in the Country), but it would involve a more sophisticated asset protection structure than just the LLC by itself.

You are pretty sophisticated on real estate and business topics.

She is on bi-weekly payroll and taxes are withheld and paid properly.A title company informed me that there must be “solid evidence that the seller/your mother-in-law will never return to this property” in order to assist me in the transaction.Is there anything my wife and I can do to allow her to stay, or one day return to living at the property with us?  

Is it accurate to assume that a 30+ asset (with no payroll) goes for 6-7%?

Also, since you most likely won't be using the payroll part of QuickBooks, there's no real reason to have to upgrade each year or pay any sort of subscription fees. 

As folks become more sophisticated with investment underwriting and strategy, they won’t simply compare cap rates and year 1 cash flow.

I also plan on setting up payroll, something I haven't done yet and am working on that with Gusto. 

Also, sophisticated investors will want to know who is giving the guarantee.